! Required information [The following information applies to the questions displayed below.] Rocky owns and operates Balboa's Gym located in Philadelphia. The following transactions occur for the...


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!<br>Required information<br>[The following information applies to the questions displayed below.]<br>Rocky owns and operates Balboa's Gym located in Philadelphia. The following transactions occur for the month of<br>October<br>2 Receive membership dues for the month of October totaling $8,500<br>5 Issue common stock in exchange for cash, $12,000<br>9 Purchase additional boxing equipment for $9,600, paying one--half of the amount in cash and<br>issuing a note payable to the seller for the other one-half due by the end of the year.<br>1. October<br>2. October<br>3. October<br>4. October 12 Pay $1,500 for advertising regarding a<br>special membership rate available during the month of<br>October<br>5. October 19 Pay dividends to stockholders, $4,400.<br>6. October 22 Pay liability insurance to cover accidents to members for the next six months, starting<br>November 1, $6,900.<br>7. October 25 Receive cash in advance for November memberships, $5,600<br>8. October 30 Receive, but do not pay, utilities bill for the month, $5,200.<br>9. October 31 Pay employees' salaries for the month, $7,300.<br>2. Identify the transactions involving cash. (Select all that apply.)<br>

Extracted text: ! Required information [The following information applies to the questions displayed below.] Rocky owns and operates Balboa's Gym located in Philadelphia. The following transactions occur for the month of October 2 Receive membership dues for the month of October totaling $8,500 5 Issue common stock in exchange for cash, $12,000 9 Purchase additional boxing equipment for $9,600, paying one--half of the amount in cash and issuing a note payable to the seller for the other one-half due by the end of the year. 1. October 2. October 3. October 4. October 12 Pay $1,500 for advertising regarding a special membership rate available during the month of October 5. October 19 Pay dividends to stockholders, $4,400. 6. October 22 Pay liability insurance to cover accidents to members for the next six months, starting November 1, $6,900. 7. October 25 Receive cash in advance for November memberships, $5,600 8. October 30 Receive, but do not pay, utilities bill for the month, $5,200. 9. October 31 Pay employees' salaries for the month, $7,300. 2. Identify the transactions involving cash. (Select all that apply.)

Jun 02, 2022
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